Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 33.208: DISSOLUTION.

Where this section sits in the code

FINANCE CODE
TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
SUBTITLE A. BANKS
CHAPTER 33. OWNERSHIP AND MANAGEMENT OF STATE BANK
SUBCHAPTER C. LIMITED BANKING ASSOCIATION

The bylaws or the participation agreement may not require automatic termination, dissolution, or suspension of the limited banking association on the death, disability, bankruptcy, expulsion, or withdrawal of a participant, or on the happening of any other event other than the passage of time.

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Amended by:

Acts 2007, 80th Leg., R.S., Ch. 237 (H.B. 1962), Sec. 34, eff. September 1, 2007.

Collected 2026-08-27T01:47:13Z. Source file · JSON

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